2922 Old Farm RdMontgomeryAL36111
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Montgomery at 2922 Old Farm Rd, Montgomery, AL, 36111 priced at $125,700 pairs $1,175/mo rent with $425/mo cash flow after a $615/mo payment. Total monthly income equals $1,175/mo, and annual cash flow comes to $5,103/yr on $41,670 invested. Return on cash invested is 32.16% in year one, and rental yield stands at 11.22% on a $125,700 basis. Equity gained on principal adds $811/yr, and 5% annual appreciation accumulates to $34,729 by year five. Five-year ROI measures 168.32% and total cumulative return in cash reaches $70,137. For financing, Ziffy Mortgage’s DSCR program evaluates $1,175/mo property income against a $615/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36111, Montgomery, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,650 (100%) |
| Owner Occupied HU | 3,015 (53.4%) |
| Renter Occupied HU | 1,998 (35.4%) |
| Vacant Housing Units | 637 (11.3%) |
| Median Home Value | $210,299 |
| Average Home Value | $276,216 |
Housing Distribution
Address Breakdown
Residential
5,518
Single Family
4,591
Multi-Family
927
Businesses
232
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Listed by: N/A • N/A
Mls Name: MAAR
Mls ID: #563704